Funding you earn now, next payment 04:00 UTC+0.0432%/8h= +47.3% APRnext payment +$2.16 per $10,000 · paid last 24h +0.098%
Price spread now: Variational Omni against SunX−0.104%45s7-day average −0.058% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.126%+$13 on $10k
+Price spread, last 3 days (all we have)+0.061%+$6 · spread now −0.104%, 7d avg −0.058%
=Together, before fees+0.187%+ Points / potential airdropVariational Omni: Active · farm board+$19 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.046% cheaper against SunX than usual: you would sell low and buy high (spread −0.104% now, against its 7-day average of −0.058%). If the spread goes back, that is −$5 on $10k: about 9 hours of funding at the current rate (+$13 a day). At the pace of the last 3 days (+0.126% in total) that is about 30 hours. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.126% in total (about 13.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.16 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX NATGAS-USDT | 3.0031 | 0 | get 0.0000% / 4h | 1h 59m | $2K | $2.5M | 20x |
| Short | Variational Omni NATGAS | 3.0000 | 0.0432 | get 0.0216% / 4h | 1h 59m | $311K | $444K | — |
SunX NATGAS-USDT
Variational Omni NATGASFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against SunX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $90.69
- Price spread: −0.104% → −0.058%
- −$4.6
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $78.09
- Costs to cover
- 0.080%
- Break-even
- 1.0 days
Slippage unknown: SunX: live order book, 8 min ago; Variational Omni: RFQ quote, 5 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SunX live order book, 8 min ago | 14.99 bp | 19.4 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 5 min ago | 4.50 bp | doesn't fit | 11.4 bp −$114 | doesn't fit | doesn't fit |
NATGAS on 26 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) NATGAS/USD | L 0.0000% / S 0.0000% | 1h | 2.8385 | −5.481% | — | — | — | as long as short |
| SunX NATGAS-USDTlong | 0.0000% | 4h | 3.0031 | long leg | $2K | $2.5M | 20x | |
| QFEX NATGAS-USD | +0.0019% | 1h | 3.0010 | −0.070% | $658K | $86K | 20x | as long as short |
| Lighter NATGAS | +0.0032% | 1h | 3.0024 | −0.023% | $618K | $445K | 10x | as long as short |
| Extended XNG-USD | +0.0032% | 1h | 2.9998 | −0.110% | $110K | $446K | 5x | as long as short |
| Vest NG-PERP | +0.0046% | 1h | 3.0010 | −0.070% | — | $378 | 10x | as long as short |
| Hotstuff NATGAS-PERP | +0.0048% | 1h | 3.0007 | −0.080% | $35K | — | 20x | as long as short |
| Ondo Perps NATGAS-USD.P | +0.0050% | 1h | 3.0020 | −0.037% | $82K | $27K | 10x | as long as short |
| tradeXYZ xyz:NATGAS | +0.0056% | 1h | 3.0007 | −0.080% | $5.9M | $5.9M | 10x | as long as short |
| Paradex NG-USD-PERP | +0.0066% | 8h | 3.0022 | −0.031% | $5K | — | 5x | as long as short |
gTrade (Gains Network) NATGAS/USD
QFEX NATGAS-USD
Lighter NATGAS
Extended XNG-USD
Vest NG-PERP
Hotstuff NATGAS-PERP
Ondo Perps NATGAS-USD.P
tradeXYZ xyz:NATGAS
Paradex NG-USD-PERPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica NATGAS | +0.0100% | 1h | 3.0011 | −0.066% | $68K | $33K | 10x | as long as short |
| ApeX Omni NATGASUSDT | +0.0100% | 1h | 3.0000 | −0.103% | $37K | $218K | 50x | as long as short |
| Orderly PERP_NATGAS_USDC_mythos | +0.0100% | 8h | 3.0000 | −0.103% | $3K | $544 | 10x | as long as short |
| Phemex NGUSDT | +0.0100% | 4h | 3.0020 | −0.037% | $1.5M | $95K | 10x | as long as short |
| HTX NATGAS-USDT | +0.0231% | 4h | 3.0025 | −0.020% | $98K | $211K | 75x | as long as short |
| KuCoin NATGASUSDTM | +0.0244% | 4h | 3.0010 | −0.070% | $1.0M | $1.1M | 20x | as long as short |
| Aster NATGASUSDT | +0.0271% | 4h | 3.0004 | −0.088% | $265K | $73K | 50x | as long as short |
| OKX NG-USDT-SWAP | +0.0368% | 8h | 3.0000 | −0.103% | $862K | $1.7M | 50x | as long as short |
| GRVT NATGAS_USDT_Perp | +0.0398% | 4h | 3.0000 | −0.102% | $12K | $214K | 25x | as long as short |
| Gate NG_USDT | +0.0414% | 8h | 3.0030 | −0.003% | $1.5M | $207K | 100x | as long as short |
| GMX NATGAS/USD [ETH-USDC] | L +0.0425% / S −0.0362% | 1h | 3.0015 | −0.053% | $92K | — | 45x | as long as short |
| Variational Omni NATGASshort | +0.0432% | 4h | 3.0000 | −0.104% | $311K | $444K | — | |
| edgeX NATGASUSDC | +0.0483% | 4h | 3.0000 | −0.104% | $85K | $213K | 20x | as long as short |
| Binance NATGASUSDT | +0.0484% | 4h | 3.0017 | −0.047% | $10.2M | $29.0M | 100x | as long as short |
| Bitget NATGASUSDT | +0.0780% | 4h | 2.9990 | −0.137% | $9.9M | $3.4M | 100x | as long as short |
| Kraken Futures PF_NATGASUSD | +0.0825% | 1h | 3.0027 | −0.012% | $53K | $38K | 20x | as long as short |
Pacifica NATGAS
ApeX Omni NATGASUSDT
Orderly PERP_NATGAS_USDC_mythos
Phemex NGUSDT
HTX NATGAS-USDT
KuCoin NATGASUSDTM
Aster NATGASUSDT
OKX NG-USDT-SWAP
GRVT NATGAS_USDT_Perp
Gate NG_USDT
GMX NATGAS/USD [ETH-USDC]
edgeX NATGASUSDC
Binance NATGASUSDT
Bitget NATGASUSDT
Kraken Futures PF_NATGASUSD